6315 17 Montezuma Road, San Diego, California 92115, San Diego, 92115 - 0 bed, 0 bath
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San Diego, California 92115
This duplex presents a High-Potential Investment Opportunity with a List Price of $1,100,000—positioned above the $1,035,392 Fair Market Value. While the property requires updates, its Condition Rating of 4 and 7,124 sqft lot offer significant value-add potential through modernization or ADU development. Located near SDSU, the property benefits from high rental demand and proximity to Top-Rated Schools like Hearst Elementary (10/10). This is a strategic acquisition for Buy-and-Hold Investors or Value-Add Developers seeking long-term appreciation in a prime San Diego corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6315 17 Montezuma Road Subject | $1,100,000* List Price | 0 | 0 | 1,881 | $550 | - |
A 77 Mohawk Street Sold | $840,000 | 3 | 2 | 1,600 | $525 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1953 and, while well-maintained, remains significantly dated. The kitchens and bathrooms feature older tile work, cabinetry, and finishes that appear to be 30+ years old. The use of window AC units suggests a lack of modern central HVAC systems. Although functional and move-in ready for tenants, the property requires comprehensive cosmetic and system updates to reach modern standards.
Elementary School: Hearst Elementary School (10/10).
Situated on Montezuma Road just minutes from San Diego State University, the property sits in a high-demand rental corridor ensuring consistent occupancy and premium rental rates.
The 7,124 sqft lot provides significant opportunity for future development or the addition of Accessory Dwelling Units (ADUs), allowing investors to maximize density and increase total yield.
Built in 1953, the property may require significant capital expenditures for modernizing systems or addressing deferred maintenance common in mid-century multi-family buildings.
With only two 2-bedroom, 1-bathroom units at a $1.1M price point, the initial cash-on-cash return may be lower than higher-density residential income properties in the same submarket.
Investor Opportunity Near SDSU! Well-maintained duplex featuring two spacious 2-bedroom, 1-bath units in a highly desirable rental location just minutes from San Diego State University. Strong investment potential with upside in rental income and future development possibilities (buyer to verify). Each unit offers approximately 900 square feet with desirable layouts and consistent rental appeal. Conveniently located near SDSU, shopping, dining, public transportation, and major freeways. An excellent opportunity for investors seeking stable income today with long-term appreciation and value-add potential.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 0.9 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,881 | 1,962 |
| Lot Size | 7,124 | 7,200.5 |
| Price | $1.10M | $984.4K |
| Price per sq ft | $585 | $614 |
| Built year | 1953 | 1979 |
| HOA | $0 | $374 |
| Days on market | 3 | 43 |
Jul 19, 2026
$1,100,000
Initial Listing
Jun 24, 2020
$560,000
Public Record